The first thing one has to consider before he places his bet in any market (be it stock market or real casino or 4D/TOTO) is always How Much Can I afford to LOSE? Right? That should be the most important question to ask 1st.
Trading system seller/trainer will tell you, the most important thing in trading is to CUT-LOSS when you lose. CUT-LOSS aka How much you are willing to LOSE.
The favorite tag in trading is "Keep your losses small, let your (potential) profit run". In fact they will tell you this is the KEY to success in trading.
But wait a minute, what does it really mean? Spend some time and analyse this key to trading success statement.
If you analyse this statement it only means you losses are guaranteed but your profit not guaranteed.
Btw, this amount of losses are always guaranteed in trading: brokers commission, SGX fees, CDP fees + GST times 2 (buy & sell) ie. About $28x2 = $56. $56 guaranteed loss in trading before you know your potential profits or losses. Worse if you are using CFD, you have to ADD the INTEREST Charges. How do you like such odds against you?
Now we analyse TOTO or 4D system. If I place $2 bet on TOTO, I already know my losses, I also know my potential profit right, 1st prize, 2nd prize how much etc.
So if you think about it, you know and can control the unknown factors more in TOTO/4D than in stock/forex Trading. You can control your losses better in TOTO/4D.
Don't forget in trading, market can GAP DOWN. This is a real risk, it happens many times and it is guaranteed that it will happen again. By gap down, it means, in a bat of an eyelid, you lose 5-10% of your capital!
Then the next question we consider will be the odds/ probability of winning aka predicting the market movement. This is what attracts people to bet, right.
To answer the question, I leave with you my favorite tagline: Who can predict the market? Can you & me predict? Can anyone? Who can tell the future? My guess...is only God :)
This is a known fact that many newbies refuse to believe, irregardless of whatever system you have: The more you trade, the higher your chances of losing.
I have met many smiling investors, I hardly met any smiling traders. You think about it.
If you like to know more about how to make money or how to lose less money, or you would like to discuss or analyze your trading/investing strategy or review your portfolio, fill-in the contact form: http://www.bit.ly/1LX3ez7
Regards & Take care,
Wenny
"Your best interest at heart, always"
Trading system seller/trainer will tell you, the most important thing in trading is to CUT-LOSS when you lose. CUT-LOSS aka How much you are willing to LOSE.
The favorite tag in trading is "Keep your losses small, let your (potential) profit run". In fact they will tell you this is the KEY to success in trading.
But wait a minute, what does it really mean? Spend some time and analyse this key to trading success statement.
If you analyse this statement it only means you losses are guaranteed but your profit not guaranteed.
Btw, this amount of losses are always guaranteed in trading: brokers commission, SGX fees, CDP fees + GST times 2 (buy & sell) ie. About $28x2 = $56. $56 guaranteed loss in trading before you know your potential profits or losses. Worse if you are using CFD, you have to ADD the INTEREST Charges. How do you like such odds against you?
Now we analyse TOTO or 4D system. If I place $2 bet on TOTO, I already know my losses, I also know my potential profit right, 1st prize, 2nd prize how much etc.
So if you think about it, you know and can control the unknown factors more in TOTO/4D than in stock/forex Trading. You can control your losses better in TOTO/4D.
Don't forget in trading, market can GAP DOWN. This is a real risk, it happens many times and it is guaranteed that it will happen again. By gap down, it means, in a bat of an eyelid, you lose 5-10% of your capital!
Then the next question we consider will be the odds/ probability of winning aka predicting the market movement. This is what attracts people to bet, right.
To answer the question, I leave with you my favorite tagline: Who can predict the market? Can you & me predict? Can anyone? Who can tell the future? My guess...is only God :)
This is a known fact that many newbies refuse to believe, irregardless of whatever system you have: The more you trade, the higher your chances of losing.
I have met many smiling investors, I hardly met any smiling traders. You think about it.
If you like to know more about how to make money or how to lose less money, or you would like to discuss or analyze your trading/investing strategy or review your portfolio, fill-in the contact form: http://www.bit.ly/1LX3ez7
Regards & Take care,
Wenny
"Your best interest at heart, always"